Central bank governor Zhou Xiaochuan said yesterday China's inflation rate remains "relatively low", amid ongoing debate among officials and economists on when policymakers should raise interest rates to rein in rising inflation and asset prices.
More than 90 percent of people think the neo-rich in China have benefited from networking with government officials, a recent survey has found.
Taiwan leader Ma Ying-jeou said Tuesday that signing a wide-ranging economic pact with the Chinese mainland will help Taiwanese people do business and boost the island's competitiveness.
Oil prices gained ground on Tuesday as a falling dollar and extreme wintery weather boosted the market sentiment.
Chinese bankcard holders' consumer confidence in January was up year on year, according to an index issued jointly by China Unionpay and Xinhua News Agency on Tuesday.
Beijing's per capita gross domestic product exceeded 10,000 U.S. dollars for the first time last year after a strong economic recovery, a local statistics official said.
The unemployment rate for OECD area remained at 8.8 percent in December 2009, the same with last month, but 1.8 percentage points higher from a year earlier.
| Currencies | Buying Rate | Middle Rate |
|---|---|---|
| USD | 681.3 | 682.71 |
| EUR | 937.02 | 932.34 |
| GBP | 1066.82 | 1064.21 |
| JPY | 7.5721 | 7.6413 |
| HKD | 87.69 | 87.85 |
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